A district court judge dismissed a United States Securities and Exchange Commission’s (SEC) lawsuit alleging that Hex founder Richard Heart raised over $1 billion through unregistered crypto offerings and defrauded investors of more than $12 million. Heart, whose real name is Richard Schueler, was also accused of spending the money on luxury items. Judge Carol … Read more
Bitcoin proponent Paul Sztorc sparked discussion by attributing Bitcoin’s initial exclusion from President Donald Trump’s proposed crypto reserve to the Lightning Network’s technical failures, citing a trove of critical assessments from industry experts. Drivechain Developer Points to Lightning Network as Trump Embraces Altcoins The inclusion of XRP, ADA, and SOL in a crypto reserve proposal … Read more
US Congresspeople Ritchie Torres and Tom Emmer are forming a “Congressional Crypto Caucus” with the goal of advancing crypto-friendly policies in the US House of Representatives. Torres announced the news via his X account on March 3. The Congressional Crypto Caucus follows the formation of the “Congressional Blockchain Caucus,” another bipartisan group that arose during … Read more
Bitcoin and Ethereum experienced a remarkable surge this past Sunday, fueled by President Donald Trump’s proposals for a U.S. crypto reserve. However, the initial excitement appears to be cooling off, as both cryptocurrencies have already started to lose ground in the following days. According to COINOTAG, Bitcoin sharply declined by nearly $4,000 on Monday, dropping … Read more
Yesterday, President Trump announced the long awaited Strategic “Bitcoin” Reserve on Truth Social, and many in the space are pissed. First, the Reserve appears to be far from Bitcoin only. “They’re doing DEI for Charles Hoskinson,” former CoinDesk Chief Insights Columnist David Z. Morris wrote on X – Hoskinson’s Cardano (ADA) was announced to be … Read more
Cronos blockchain’s proposal to reissue 70 billion previously burned CRO tokens (worth $6.3 billion) into a locked reserve has drawn criticism, with some stakeholders urging a veto. Cronos Proposes 70B CRO Token Reallocation Proposal The Cronos blockchain, developed by the crypto exchange Crypto.com, is considering a governance proposal to reintroduce 70 billion CRO tokens—equivalent to … Read more
Vet, a prominent XRPL dUNL Validator, has explained how the U.S. government could take control of the XRP tokens in the Ripple escrow. According to him, this could happen without needing to wait for the typical escrow unlock process. Notably, this revelation comes amid official confirmation from U.S. President Donald Trump that the country would … Read more
DUBAI, UAE, March 3, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest Bybit Commodity Insight Report. The report provides key insights into the macroeconomic and geopolitical trends driving gold’s bullish trajectory, analyzing the factors that could push the precious metal to new all-time highs. Key Highlights: Bullish Outlook: … Read more
The cryptocurrency market has experienced heightened volatility following President Donald Trump’s announcement regarding creating strategic reserves for digital assets. This volatility has led to accelerated liquidations across exchanges. For instance, on Monday, March 3, the market saw $120 million in liquidations within an hour, coinciding with a brief drop in Bitcoin (BTC) below the $90,000 … Read more
U.S. lawmakers have launched the Congressional Crypto Caucus, a coalition aiming to shape digital asset policy and defend blockchain innovation as demand for crypto-friendly legislation rises. US Lawmakers Establish Congressional Crypto Caucus Congressman Ritchie Torres and House Majority Whip Tom Emmer have announced the launch of the Congressional Crypto Caucus, a bipartisan group aimed at … Read more